To then ascertain which policies would be necessary to speed up the U.S. economy it is necessary to analyse the underlying relation between changes in the structure of the U.S. economy and changes in U.S. GDP growth rates.

China’s GDP growth of 5.0% in 2024 meant it successfully hit its GDP goal of “about 5.0%” for the year. More significantly for China’s strategic economic development, Figure 1 shows that it means its economic growth continues to be ahead of the target discussed at the time of the adoption of the 14th Five Year Plan of doubling GDP between 2020 and 2035.

As there can only be one price standard in any functioning economic system the transition from one price standard to another cannot take place gradually, or in a mixed way, but must take place sharply, and therefore completely in a very short time frame.

Superficially in the recent period the U.S. has attempted to display two apparently contradictory sides of its policy to China.

Despite the fact that China’s economy continues to far outgrow all major Western economies the Western media is energetically promoting a myth that China’s economy either has or is about to drastically slow down.

The factual situation is that China’s economy, as it heads into 2024, has far outgrown all other major comparable economies.

Once again, the Western media Establishment, and sadly some on the left, are talking up an impending economic disaster in China, when the truth is quite the opposite, argues JOHN ROSS.

The sheer scale of China’s development has been a world-shaping event.

The difficulty the U.S. faces in its current attempts to damage China’s economy was analysed in detail in the article “The U.S. is trying to persuade China to commit suicide”. Reduced to essentials, the U.S. problem is that it possesses no external economic levers powerful enough to derail China’s economy.

One of the latest covers of the magazine The Economist carries a headline “Peak China”. This, as its name suggests, is a claim that while during the last seven decades China’s has enjoyed a peaceful “rise”, specifically in relation to the U.S., this has now ended. It was the latest of decades long wildly inaccurate predictions regarding China.

Wenhua Zongheng is a newly launched international publication bringing together articles originally produced in the Mainland China magazine of the same name in Chinese. It is jointly published in English, Spanish and Portuguese, by Wenhua Zongheng, the Tricontinental Institute for Social Research, and Dongsheng—which produces the newsletter News on China.

The U.S. knows from its experience in defeating Germany, Japan, and the “Asian Tigers,” that a decisive way to slow a competitor’s growth rate is to get it to reduce its level of investment, which is what it is now trying to do to China.

The collapse in rapid succession of Silicon Valley Bank and Signature Bank confirms the extremely damaging character of U.S. stimulus policies.

Introduction It is well known that China will continue economic stimulus measures in 2023—the only serious discussion is of what type. To be successful these measures must simultaneously achieve two goals. First, they must adequately respond to China’s short-term situation—that is they must substantially reverse 2022’s economic slowdown. Second, they must aid in achieving the […]

“There is really no true solution to the problem of global food security without bringing back the agriculture production of Ukraine and the food and fertilizer production of Russia and Belarus into world markets despite the war.” These blunt words by UN Secretary-General António Guterres accurately describe the present global food crisis.

This article by John Ross (Luo Siyin) was also published in slightly edited form in Guancha as “It’s pointless to count on American ‘kindness’.” Introduction The international escalation of U.S. military aggression over a period of more than two decades is clear. However, even within that framework, the events leading to the Ukraine war represent […]

Fortunately, the scientific data produced by the IPCC makes it possible to calculate the real changes which are required to combat climate change.

Cuba is a small country. But because it became in 1959 the first country in the Western hemisphere to thoroughly break with U.S. domination, and embark on a path of national independence, events concerning Cuba have a geopolitical significance many times greater than its size. Present events show that this continues to be the case.

Cuba only needs around 30 million syringes to vaccinate its entire population–that is a million dollars. This is a tiny sum for the countries, either together or even individually, which oppose the blockade of Cuba.

On February 25, 2021, China’s President Xi Jinping announced that his country of 1.4 billion people had pulled its people out of poverty as it is defined internationally.